Singapore Morning News For April 7

Singapore Morning News For April 7
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New Zika cluster at Flower Road/Hendry Close, close to ongoing Simon Place cluster
The second Zika cluster of this year has been confirmed at Flower Road/Hendry Close, said the National Environment Agency (NEA) on Thursday (April 6), less than a kilometre away from the Simon Place cluster reported last week.
Today Online

No haze for Singapore this year from Sumatran fires: Governor
Despite forecasts of a hotter and longer dry season, the Governor of South Sumatra has pledged that Singapore and the region will not experience haze arising from forest fires in the Indonesian province this year.
— Today Online  

Terror risk level in Singapore up for first time in 10 years: Report
For the first time in a decade since the project began, a political violence and terrorism risk map developed by global consultancy Aon has raised Singapore’s risk level from “negligible” to “low”. This is in light of the heightened terrorism activity in the region and recent arrests of self-radicalised individuals in the country.
Today Online 

Singapore’s security industry, plagued by high turnover, to see robots in its midst
It cruises past a row of parked cars under the blazing hot sun at Outram Road. Suddenly, it stops in its tracks and zooms in on something.
Channel NewsAsia 

Singapore most recalcitrant with regards to IT use
Country has most number of employees who are unaware or do not always comply with IT policies among Asean markets, where 81 percent use their own devices for work.
ZD Net 

Intensive training for start-ups in Infiniti Lab
Luxury motor company Infiniti Motor and venture capital firm Nest have launched an accelerator programme in Singapore to develop smart mobility solutions.
The New Paper 

Singapore digital property player 99.co raises $7.9m from Sequoia, others
Singapore-headquartered digital property firm 99.co has raised $7.9 million (S$11 million) in its latest round of financing, led by existing investors Sequoia Capital and Eduardo Saverin. East Ventures and 500 Startups also participated in the round.
Deal Street Asia 

4 in 5 Singapore financial firms tag innovators as threat to revenues
There is a growing concern over financial firms in Singapore, with 80% of institutions fearing they will lose revenues to standalone fintech companies. However, almost 9 in 10 banks are planning to increase fintech partnerships, revealed a new PwC report.
Singapore Business Review 

Singapore scientists teleport lemonade over the internet
Sending taste over the web could become a thing sooner rather than later, according to researchers.
CNET 

Vocus and rival consortium race to build Perth to Singapore cable
Vocus Group will begin construction of a $228 million Perth to Singapore submarine cable later this year, while a rival consortium took another step towards its own project.
Financial Review 

CDL launches the first green bond by a Singapore firm
City Developments Limited (CDL) announced yesterday that it has launched the first green bond by a Singapore company through its subsidiary CDL Properties.
Today Online 

Singapore: tryb Capital invests $4m in digital freight contracts firm Chinsay AB
Singapore-based tryb Capital, a growth-stage technology investor, has made a $4 million strategic investment in Chinsay AB, a cloud-based platform for end- to-end administration of global commodity and freight contracts.
Deal Street Asia 

Singapore Haze Raises the Risk of Heart Attacks, Study Finds 
Haze in Singapore is contributing to an increase in heart attacks, research conducted by Singapore General Hospital (SGH) has found.
Newsweek

Google to build subsea cable connecting Sydney, Jakarta and Singapore
GOOGLE has announced it will build a new sub-sea cable network to boost connectivity between Australia and Southeast Asia, as demand for Internet data increases rapidly in the region.
Asian Correspondent 

US and Singapore affirm strong military cooperation
United States Defence Secretary James Mattis and Singapore Defence Minister Ng Eng Hen have affirmed the strong cooperation between the two countries’ militaries.
The Straits Times 

3 Big Ways DBS Group Holdings Ltd is Embracing A Digital Future
DBS Group Holdings Ltd (SGX: D05), Singapore’s largest bank, is going digital and the results are beginning to show.
The Motley Fool 

Oil prices jump after U.S. launches missile strike in Syria
Oil prices soared on Friday after the United States launched dozens of cruise missiles at an airbase in Syria.
Reuters 

New 18Tbps cable to connect Singapore, Indonesia and Australia
Australian company Superloop has acquired subsea cable operator Subpartners and has announced plans to build a new cable linking Singapore and Indonesia with Australia.
Capacity Media 

Singapore: Osim to relist on HKSE as V3; National Arts taps SGX
Lifestyle products firm Osim is relisting on the Hong Kong bourse while Hong Kong’s National Arts is seeking to list its spin-off on the SGX as a business trust.
Deal Street Asia 

Startups AdAsia, 99.co raise US$20m in Series A funding
TWO Singapore-based companies announced this week that they have raised nearly US$20 million in Series A funding, a sign that investors are reverting to making huge bets on early-stage startups.
The Business Times 

 

Feature photo Jason Goh  
Find our previous morning news feature photos in the AEC News Today Morning News Feature Photos gallery where you will find a pictorial display of daily life throughout the Asean Economic Community (AEC).

 

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Leakhena Khat

Leakhena is a junior journalist at AEC News Today who is also currently studying International Relations, which she finds adds perspective to her work reporting on the Asean Community.

“I love what I am doing so much as it gives me a lot of great experience and provides challenges to my mind.

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